Topic: What don't you like about Banks and Banks controlling your money (Read 5736 times)
September 15, 2018, 04:42:29 AM
They were assigned certain duties to be completed before stipulated time. This at times cause mistake and make the customer suffer. Importantly saving in terms of bitcoin is safer, but if it's lost then it's lost forever, but with banks we can claim indicating all that happened between time period.
September 13, 2018, 01:57:34 PM
Firsty, them deciding what is suspicious and not suspicious
Not everybody is an employee working for someone. Some people are entrepreneurs, and as an entrepreneur, you can have some HUGE days. I don't need a bank telling me that my successful day where i made $20k+ is suspicious if I want to withdraw all of it. (people have been arrested for making large withdraws before).
Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.
If a tracking number and proof of delivery can be proved, why should the customer be given their money back?
ALSO, i recently looked into banking investment options. It comes across as a way to just make more money off customers. Think of it like this. It's like it's just them taking your money so they can invest it in polyniex. I only tried it out cause my family (who doesn't know about bitcoins) encouraged it.
Do you have any gripes about banks
The main thing I hate about banks is that they ask about the purpose of my transactions and require the proof what I need my funds for if I want to withdraw them from a deposit.Not everybody is an employee working for someone. Some people are entrepreneurs, and as an entrepreneur, you can have some HUGE days. I don't need a bank telling me that my successful day where i made $20k+ is suspicious if I want to withdraw all of it. (people have been arrested for making large withdraws before).
Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.
If a tracking number and proof of delivery can be proved, why should the customer be given their money back?
ALSO, i recently looked into banking investment options. It comes across as a way to just make more money off customers. Think of it like this. It's like it's just them taking your money so they can invest it in polyniex. I only tried it out cause my family (who doesn't know about bitcoins) encouraged it.
Do you have any gripes about banks
I understand that all this is targeted on prevention of money laundering, but in case of a small investor like me it is not their business whether I want to buy a new car or organize a decent holiday for my family.
September 13, 2018, 01:38:07 PM
I am okay with banks, they help me a lot and provide jobs too. Something I didn't like is if your bank account didn't have enough money to make enough interest to pay the monthly administration fee.
September 12, 2018, 11:45:08 PM
It's because the bank can see everything in your account, that is why the best option is to be your own bank. You control your wallets, your transactions, etc.
September 12, 2018, 11:25:38 PM
Yes, I have received unsatisfactory service from the bank, they offered me the bonus and advantages from the beginning, but when I decided to join and become a customer it was not proven other than that the rules were very telephoto and wasted my time when taking care of the requirements it makes me very upset, and what pisses me the most is that the money I invested did not develop that over time the amount owed because of the high administrative costs, that's why I decided to invest in bitcoin now
September 12, 2018, 10:15:46 PM
what I don't like bank controlling my money is that banks make huge profit from our money and if problem arose they would be less concern about. if there are new development information would not circulate on time.
September 12, 2018, 09:33:30 PM
The freezing of customers' accounts by banks in collaboration with so called government officials happens occasionally and it is what annoys me the most about banks. It is the most lawless part of banking industry. They can be easily told what to do by the President and his/her people whether the court agrees or not.
September 12, 2018, 08:54:41 PM
In my opinion, banks could really help our economic development. But what i don't like when theirs a system problem, the interest rate, and they control the money.
September 12, 2018, 03:48:09 AM
If you glad to get interest on your money form bank so it is so least than the outcome of your business whether you invested somewhere in business like investment in bitcoin or in something else. So the conclusion is to circulate the money and earn more money through money.
September 08, 2018, 06:41:42 AM
yes you are right the bank actually will control the money you give them and they will make the money you have to do something that can provide results and profits for the bank.
September 08, 2018, 06:34:10 AM
what I dont like to a bank is that the hobby price of the money you deposited to them, of route you money became the usage of via their other transactions but the money of your will not earn from them it's miles better to make investments it in crypto that for positive you will earn by means of really holding your cash.
September 08, 2018, 06:15:35 AM
what I dont like to a bank is that the interest price of the money you deposited to them, of course you cash was the usage of with the aid of their other transactions however the money of your will now not earn from them it's miles higher to make investments it in crypto that for positive you will earn by truely protecting your cash.
September 04, 2018, 01:12:15 PM
I hate banks, one of the main reasons why I am in bitcoin. When I get paid in bitcoin for my work I basically send it to the bank and cash it right away, not keeping any money on them.
The only reason for my hate for the banks is actually logical for them, I understand its their job and there are some computer algorithm involved as well and all that but back in the day my dad was a manager in a huuuge global firm and was making amazing money, so of course whenever we get a credit card and use it greatly he paid it easily, when we took out loan for new cars he paid it easily.
One day he was forced to retire because of the 2008 crisis, of course we had to find a way to pay the debts, with his retirement money and all that we paid as much as we can but one bank (HSBC) was unpaid, my dad just lost all of his income and all his savings because he was let go and yet HSBC kept calling us all the time, like call ALL THE TIME, 5 times a day or so, as a family we hate it to the bone.
Of course we finally paid it in the end, but HSBC can call me up and tell me they will give me 1 billion dollars for using them and honest to god I will say no.
The only reason for my hate for the banks is actually logical for them, I understand its their job and there are some computer algorithm involved as well and all that but back in the day my dad was a manager in a huuuge global firm and was making amazing money, so of course whenever we get a credit card and use it greatly he paid it easily, when we took out loan for new cars he paid it easily.
One day he was forced to retire because of the 2008 crisis, of course we had to find a way to pay the debts, with his retirement money and all that we paid as much as we can but one bank (HSBC) was unpaid, my dad just lost all of his income and all his savings because he was let go and yet HSBC kept calling us all the time, like call ALL THE TIME, 5 times a day or so, as a family we hate it to the bone.
Of course we finally paid it in the end, but HSBC can call me up and tell me they will give me 1 billion dollars for using them and honest to god I will say no.
September 03, 2018, 09:25:59 PM
I do not like banks because they control my money. If I had a sudden increase in my account balance, I immediately had to tell them why I had that amount.
September 03, 2018, 09:14:53 PM
Banks make a huge earning with the investments and the savings that we make over the banks. What they pay at the end is nothing compared to the one that we make through cryptocurrencies. Banks were the backbone to a country's economy but they never intend to make a downtrodden personal grow.
Indeed, banks make big profits from using people money to invest but banks always put high fees on banks account. When we make transaction on ATMs, there is big fee and banks should make that transaction free because banks use our money for their bussiness
September 03, 2018, 06:31:00 PM
Firsty, them deciding what is suspicious and not suspicious
Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.
Do you have any gripes about banks
Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.
Do you have any gripes about banks
One thing I don't really like Bank is all under bank control, and the reule of taxation is high. It seems taking a part of my money.
September 03, 2018, 06:09:32 PM
There is a withdrawal limit in my country.You can withdraw$ 2,000 per month.If the amount exceeds 2000, you will need to provide the Bank with the origin of the funds.
Those kind of measures are nothing but an attempt to avoid a bank run, they are just disguising those measures as a way to protect their customers, the owners of the banks are very smart they had been in the business for a lot of time and they know very well what it is going to happen once the system collapses, and they are preparing for that day, so if you can get all your money out of your bank, because when the economy crisis comes no one will be able to get their money out of the bank because there is not going to be any money. 
September 01, 2018, 07:36:06 PM
Banks make a huge earning with the investments and the savings that we make over the banks. What they pay at the end is nothing compared to the one that we make through cryptocurrencies. Banks were the backbone to a country's economy but they never intend to make a downtrodden personal grow.
September 01, 2018, 07:15:48 PM
In my opinion, what is troubling at the bank is the reduced balance of the ATM or withdrawal of funds unilaterally. Such cases involving ATMs should be avoided if the bank's security system is tightened.
September 01, 2018, 06:36:17 PM
Anyone that works at the bank can see all your account information. Monthly fees, atm fees, overdraft fees. Banks suck!
This definitely sucks, in my country there are many robberies to people that withdraw big sums of money from their bank accounts and it is obvious to anyone that for the thieves to know which person is withdrawing big amounts of money they need to have someone inside the bank giving them that information, in bitcoin all the information is public and you can see it on the blockchain, but no one knows which addresses belong to you and that is a big advantage. Jump to: